Press Release

According to the global food enzymes market report by IMARC Group, the market was worth US$ 1.8 Billion in 2018. Looking forward, IMARC expects the market to reach a value of US$ 2.55 Billion by 2024, growing at a CAGR of around 5% during the next five years. Food enzymes, such as protease, amylase and lipase, are complex bioingredients that break down proteins, carbohydrates, vitamins and fats, among other nutrients present in the food into simpler forms. They are primarily used for improving the texture, flavor and fragrance of food products through the process of fermentation. They also aid significantly in the preservation, coagulation and tenderization of beverages and bakery and dairy products.

Global Food Enzymes Market Trends:

The global market is primarily driven by the thriving food and beverage industry that uses enzymes for various purposes, including protein processing, baking confectionary items, producing cheese and brewing alcoholic and non-alcoholic beverages. Furthermore, shifting dietary preferences of consumers toward organic and natural food products is also providing a boost to the market growth. Also, owing to busy schedules and hectic lifestyles of the consumers, there is an increasing demand for ready-to-eat and convenience food products that use these enzymes for improving the shelf-life of the products. Other factors, including extensive research and development (R&D) activities, are projected to drive the market further.

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Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Food Enzymes Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Type
5.4 Market Breakup by Source
5.5 Market Breakup by Formulation
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Type
6.1 Carbohydrase
6.1.1 Market Trends
6.1.2 Major Types Amylase Cellulase Lactase Pectinase Others
6.1.3 Market Forecast
6.2 Protease
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Lipase
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Source
7.1 Microorganisms
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Bacteria
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Fungi
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Plants
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Animals
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Formulation
8.1 Powder
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Liquid
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Application
9.1 Beverages
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Processed Foods
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Dairy Products
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Bakery Products
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Confectionery Products
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Asia Pacific
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porter’s Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 DowDuPont
15.3.2 Amway
15.3.3 BASF
15.3.4 DSM
15.3.5 Novozymes
15.3.6 Chr. Hansen
15.3.7 Kerry Group
15.3.8 Biocatalysts
15.3.9 Puratos Group
15.3.10 Advanced Enzyme Tech
15.3.11 Sequence Biotech
15.3.12 Amano Enzyme
15.3.13 Aum Enzymes
15.3.14 Bioseutica
15.3.15 Dyadic International Inc.

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